Joel Schleicher, ’74 BSB and founder and executive chairman for Cyber Risk Management, LLC (“CRM” and its partner companies: Sunera, LLC and ANRC, LLC), received the University of Minnesota's Entrepreneur of the Year award on September 9, 2015.
Schleicher is a straight-talking entrepreneur with a simple approach – “Find a pain point, identify the solution, and put yourself in the middle.” A devout capitalist, he emphasizes uncompromising principles, while being a good listener and strong leader, and establishing a committed culture by sharing the credit and wealth with a talented team.
“Joel’s a passionate entrepreneur who has built and led management teams in several national technology companies,” says John Stavig, professional director of the Gary S. Holmes Center for Entrepreneurship. “We’re proud to recognize Joel as a role model who has not only founded a billion-dollar company at Presidio, but who continues to build new ventures that create jobs and opportunities for its employees. He has a strategic grasp of the technology industry, and a demonstrated ability to build successful organizations that solve important problems.”
Schleicher graduated with a BSB-accounting from the Carlson School in 1974. For 30 years he has led and/or founded technology companies selling enterprise solutions, initially serving as the president/COO and board member for Nextel Communications, Inc. before pursuing his own ventures. Schleicher founded Presidio Networked Solutions in 2003 and grew it to more than $1.4 billion in revenue before selling the company in 2011. Presidio raised more than $140 million of equity capital and generated returns of greater than 4.2 times capital for its investors, after substantial returns to the employee base.
Not content to rest on his laurels, Schleicher is now building CRM into the market leader in cyber-related IT governance, risk, and compliance services. CRM already has more than 200 employees and is seeking to drive consolidation in the fragmented cyber security market.
Schleicher previously served on the Board of Overseers for the Carlson School and is a frequent speaker in entrepreneurship and finance classes.